Business

ThaiBev buys Myanmar Distillery Co. for S$1 billion

ThaiBev, the Thailand-based spirits and beer maker, has bought a 75% stake in Myanmar Distillery Company (MDC), the producer of Myanmar's whisky Crown Royal, and its supply chain, for S$1 billion (US£494.4m).

Conservative MPs to release own-brand British gin

The UK Conservative party's 1922 Committee has revealed that it plans to release its own gin called '1922 Gin' as part of its support of the British gin industry. 

LVMH sees double digit growth across the board, except for wines and spirits

Luxury goods company LVMH saw organic revenues grow 12% in the first nine months of 2017, with its wine and spirits division holding firm, despite being the only part of its business to not achieve double digit growth in this period.

Campari sells Lemonsoda business for €80m

Gruppo Campari has sold its fruit-flavoured carbonated drinks brand Freedea and Crodo to the Danish based beverage company Royal Unibrew A/S for €80 million.

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